Singapore shares started trading in positive territory today largely mirroring global markets.

In early trade, the Straits Times Index (STI) was up 0.4 per cent at 3,220.16 points after 109 million securities changed hands across the broader market. 

In terms of companies to watch today, we have Singapore Airlines, after news emerged that Temasek is selling around S$400 million worth of shares, or a 1.85 per cent stake, in the national carrier as a portfolio rebalancing act. 

Meanwhile, from Nike’s earnings to SHEIN denying a US lPO more companies continue to be in focus. Also on our agenda today, China’s latest manufacturing activity contracted for a third straight month in June amid weak demand. 

On Market View, the Drive Time team unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.

Singapore shares started trading in positive territory today largely mirroring global markets.
In early trade, the Straits Times Index (STI) was up 0.4 per cent at 3,220.16 points after 109 million securities changed hands across the broader market. 
In terms of companies to watch today, we have Singapore Airlines, after news emerged that Temasek is selling around S$400 million worth of shares, or a 1.85 per cent stake, in the national carrier as a portfolio rebalancing act. 
Meanwhile, from Nike’s earnings to SHEIN denying a US lPO more companies continue to be in focus. Also on our agenda today, China’s latest manufacturing activity contracted for a third straight month in June amid weak demand. 
On Market View, the Drive Time team unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Market View: Temasek sells 1.85% stake in SIA; China’s factory activity contracted for third straight month in June; SHEIN denies US IPO; Nike’s guidance falls below estimates; Airbnb disputes viral tweet on revenue for US property owners; Pokemon Go’s Niantic closing LA game studio, cancels NBA and Marvel titles

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